2
study was undertaken on the implementation of the CBS in these banks with
attention towards statutory inspection by NABARD as well as Audit. Shri D.
Nageswara Rao, FM visited 2 StCBs viz. Punjab State Cooperative Bank and
Haryana Cooperative Bank and 3 DCCBs viz. Gurgaon CCB, Panchakula CCB and
SAS Nagar Cooperative Central Bank. All the visited banks were implementing
CBS under the NABARD’s CBS project and using Finacle software with M/s Wipro
as system integrator under ASP model. All these banks initiated their CBS
implementation during 2011-12.
NABARD advised all the cooperative banks under the NABARD’s project as well
as their Application Service Providers (ASP) that all statutory returns, as
provided in annexure I as well as those pertaining to RBI, FIU-IND may be
generated in the CBS. These returns forms the base for conducting inspection by
NABARD. The CBS implementation is in the 3
rd
year of its operation in all the
banks visited.
3.0 CBS Concepts
: The concepts required to be understood by the IOs
conducting inspection are as follows:
a.
Various User Groups are created in CBS e.g. General Users, System
Operators, Database Administrators and Inspectors & Auditors based on
the type of work handled by them. These users are provided with
different access rights and privileges in the CBS to discharge their
respective functions effectively, without compromising the safety,
security and internal control systems of the bank.
b.
There are two types of accounts under CBS, viz., regular and pointing
types. Basic Accounts are regular accounts, where the transactions are
recorded based on accounting logic. Pointing accounts represent sundry
or suspense accounts.
c.
CBS provides for master level and individual account level parameter
setting. Master level parameter setting allows the parameters to be set
that are applicable to all the accounts in the bank. Individual account level
parameter setting allows the parameters that are applicable to a
particular account, e.g., moratorium period, application of interest,
addition or deduction from interest rate based on risk perception, etc.
d.
Separate series of accounts for different account types enabling the users
to get summaries of various types of accounts, e.g., Account No. 0099 05
014678 – is made up of Branch Code i.e. “0099”, Account Type – “05” say
Current Account and Account No. – “014678”. In this example, it is
possible to get a summary of accounts on branch or account type, etc. The
IO needs to know the details of formation of Account No. of each bank,
since they may vary from bank to bank.
e.
Procedure for Interest Calculation and Application need to be ascertained
from the bank.
f.
Different stages of a transaction under Maker-Checker concept, e.g.
Created by, Entered by, Authorized by, Posted by, Modified by, Deleted
by, etc.
